$950,000
SOLD JAN 28, 2025

14902 Sylvan St van Nuys, CA 91411

9 Beds
5 Baths
3,952 Sq Ft
5,308 Sq Ft Lot

Recently Sold

$240 Per Sq Ft

5% Below List Price

210 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Tile Flooring
  • Van Nuys High School Rated A
  • Laundry Room
  • Wrought Iron Fence

About This Home

As of January 2025

. Wonderful Investment opportunity! Centrally located in the heart of Van Nuys , close proximity to Civic buildings , Sepulveda basin recreation center/golf course, and Restaurants with easy access to 405 Fwy. Each unit has its own covered and gated parking space and there is parking on residential street. Complex has a storage unit as well as a gated front yard space. Now's your chance to snatch this one up.
Please do not disturb occupants. This is a probate but NOT COURT CONFIRMATION IS NEEDED.

Last Agent to Sell the Property

Priscila Dubon

Century 21 Masters Brokerage Phone: 818-631-0223 License #01263236 Listed on: 04/22/2024

Century 21 Masters

Last Buyer's Agent

Ricardo Ortiz

EIB Global Inc. License #01739184

EIB Global Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 5,308 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Fence is in fair condition
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Front Facing Garage
  • Community Parking Structure

Home Design

  • Traditional Architecture
  • Quadruplex
  • Entry on the 1st floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,952 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Utilities

  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 269
  • Tax Tract Number 1000
  • Assessor Parcel Number 2242022002
  • $560 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $1,000
  • Pest Control $648
  • Trash Expense $4,704
  • Water Sewer Expense $6,600
  • New Taxes Expense $12,487
  • Operating Expense $21,922
  • Gross Income $81,732
  • Net Operating Income $55,975

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 5.89
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 6600.00
  • Zoning: LAR3
  • Architectural Style: Traditional
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 2242022002
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 240.38

Exterior Features

  • Fence: Yes
  • Fencing: Fair Condition, Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Community Structure, Covered, Garage Faces Front
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Laundry: Yes
  • Laundry Features: Common Area
  • Pest Control Expense: 648.00
  • Sewer: Public Sewer
  • Trash Expense: 4704.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5308.00
  • Lot Size Acres: 0.1219

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 81732.00
  • Gross Multiplier: 12.22
  • Gross Operating Income: 81732.00
  • Gross Scheduled Income: 81732.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5308.0000 Square Feet
  • Net Operating Income: 55975.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 25756.00
  • Other Income Description: Laundry $200.00 average
  • Rent Control: Yes
  • Total Actual Rent: 5396.00
  • Total Expenses: 21922.00

Tax Info

  • New Taxes Expense: 12487.00
  • Tax Census Tract: 1283.02
  • Tax Lot: 269
  • Tax Tract Number: 1000
  • TaxOtherAnnualAssessmentAmount: 560.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
Jan 21, 2025
Sold by
Chan Lorena
Bought by
Suyuc Jose Luis Jesus C
Seller's Agent
Priscila Dubon
Century 21 Masters
Buyer's Agent
Ricardo Ortiz
EIB Global Inc.
List Price
$999,000
Sold Price
$950,000
Premium/Discount to List
-$49,000
-4.9%
Views
48
Current Estimated Value
$977,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,383
Avg. Annual Appreciation
3.14%
Original Mortgage
$760,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2024
Closed on
Dec 2, 2024
Sold by
Castro Jose Moises and Garzona Nelly Ruth
Bought by
Suyuc Jose Luis Jesus C
Seller's Agent
Priscila Dubon
Century 21 Masters
Buyer's Agent
Ricardo Ortiz
EIB Global Inc.
List Price
$999,000
Sold Price
$950,000
Premium/Discount to List
-$49,000
-4.9%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2006
Sold by
Castro Blanca A
Bought by
Castro Jose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
1.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2000
Sold by
Warmside Rentals Llc
Bought by
Diaz Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,719
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 22, 1999
Sold by
Unjian Samuel A and The Samuel A Unjian Amended &
Bought by
Warmside Rentals Llc

Purchase Details

Closed on
Feb 18, 1994
Sold by
Stevens Diane
Bought by
Miller Bob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,722
Interest Rate
7.59%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Fidelity National Title
Grant Deed $950,000 Fidelity National Title
Interfamily Deed Transfer -- Commonwealth Land Title Co
Grant Deed $279,000 Stewart Title
Trustee Deed $157,500 Stewart Title
Individual Deed -- First American Title Company
Grant Deed $20,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $760,000 New Conventional
Previous Owner $470,000 Purchase Money Mortgage
Previous Owner $276,719 FHA
Previous Owner $199,722 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2025 01/28/25 Sold $950,000 -4.9% $240 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
10/23/2024 10/23/24 For Sale $999,000 0.0% $253 / Sq Ft
09/26/2024 09/26/24 Pending -- -- --
08/19/2024 08/19/24 Price Changed $999,000 -4.9% $253 / Sq Ft
06/11/2024 06/11/24 Price Changed $1,050,000 -4.5% $266 / Sq Ft
04/22/2024 04/22/24 For Sale $1,100,000 -- $278 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,961 $883,566 $493,211 $390,355
2024 $10,961 $866,242 $483,541 $382,701
2023 $6,788 $518,538 $240,129 $278,409
2022 $6,485 $508,371 $235,421 $272,950
2021 $6,388 $498,404 $230,805 $267,599
2019 $6,204 $484,383 $223,960 $260,423
2018 $6,121 $474,901 $219,569 $255,332
2016 $5,819 $455,732 $211,044 $244,688
2015 $5,738 $448,887 $207,874 $241,013
2014 $5,780 $440,095 $203,803 $236,292
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24065472

California Regional Multiple Listing Service (CRMLS)

APN: 2242-022-002